Feb. 7th, 2016

Start with a large fortune when you start trading commodities.

It's Deja Vu all over again.

Just before the start of the Great Recession, I noticed that many of the funds I was invested in as part of my 401-K were asking their investors to approve changes in their "fundamental" investment policies. Specifically, they all wanted the freedom to invest more money in Mortgage Backed Securities.

And we all know how that turned out.

Saturday, I received a mailing from a company that manages one of the funds I invest in through my 401-K. They're looking for approval to change their "fundamental" investment strategy. Specifically, they want to invest more money into commodities and real estate.

I guess it's time to buckle my seat belt...

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davidschroth

August 2017

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